Contact Nate Schammel for more property information, financials and tours.
651-955-4255
nate@mrgrealtypartners.com
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Financials and Details are available in OM under “Due Diligence”
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This historic 8-unit brownstone in St. Paul’s Summit-University features a 7-2 bedroom, and 1-1 bedroom unit mix with each unit boasting 10-foot ceilings, hardwood floors, natural woodwork, split entrances, and original preserved details like built-in buffets outdoor balconies. Many of the 2 beds are used as 3 beds (or 2+ Den/Office) due to their separated Dining/living room spaces.
A sought-after & walkable location near dining and shops, off-street parking creates strong rental demand.
Spacious owner storage in basement with roughed-in bathroom and laundry machines.
Investors minimize their expenses & hedge the risk of utility inflation with tenants paying all the Gas (heat) and most of the electric expenses.
Rents are below market and all tenants are currently MTM giving investors flexibility to implement their own leases & procedures post closing.